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Bulls, Bears & Brokers: Davide Bosio sees big opportunity in listed investment companies

DJ Carmichael managing director, CEO & head of corporate finance Davide Bosio speaks to Proactive Investors about capital raisings in the listed investment company (LIC) sector.
 
Bosio notes Regal Funds Management, a fund manager controlling over a $1 billion in investments which has launched a $100 million capital raising as part of an initial public offering (IPO). 
 
"Many of these companies do trade at a discount to their net tangible asset backing and that's realling interesting, something that investors will need to keep their eye on," says Bosio. 
 
He continues, "If they were to sell all of their investments, they're often worth a lot more than they're trading at ... a lot of professional investors have tried to take advantage of that."
 
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